Media stories about Tyson Foods (NYSE:TSN) have been trending somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tyson Foods earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned media stories about the company an impact score of 47.0467746981378 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media stories that may have effected Accern Sentiment’s analysis:
A number of brokerages recently issued reports on TSN. Mizuho set a $92.00 price target on shares of Tyson Foods and gave the company a “buy” rating in a research report on Friday, February 9th. Zacks Investment Research cut shares of Tyson Foods from a “buy” rating to a “hold” rating in a research report on Wednesday, January 31st. Piper Jaffray began coverage on shares of Tyson Foods in a research report on Thursday, January 4th. They set an “overweight” rating and a $94.00 price target for the company. Pivotal Research cut shares of Tyson Foods from a “hold” rating to a “sell” rating and lowered their price target for the company from $75.00 to $55.00 in a research report on Monday, April 2nd. Finally, Vertical Group cut shares of Tyson Foods from a “buy” rating to a “hold” rating in a research report on Friday. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have assigned a buy rating to the company. Tyson Foods has an average rating of “Hold” and a consensus target price of $75.87.
Tyson Foods stock traded down $1.18 during trading hours on Friday, hitting $69.20. The stock had a trading volume of 1,999,327 shares, compared to its average volume of 2,117,233. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.70 and a current ratio of 1.51. The stock has a market capitalization of $25,899.84, a PE ratio of 13.03, a price-to-earnings-growth ratio of 0.96 and a beta of 0.19. Tyson Foods has a 12-month low of $57.20 and a 12-month high of $84.65.
Tyson Foods (NYSE:TSN) last issued its earnings results on Thursday, February 8th. The company reported $1.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.51 by $0.30. The business had revenue of $10.23 billion during the quarter, compared to analysts’ expectations of $9.88 billion. Tyson Foods had a net margin of 7.15% and a return on equity of 19.25%. The business’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.59 earnings per share. equities research analysts forecast that Tyson Foods will post 6.65 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, June 15th. Shareholders of record on Friday, June 1st will be issued a $0.30 dividend. The ex-dividend date of this dividend is Thursday, May 31st. This represents a $1.20 annualized dividend and a yield of 1.73%. Tyson Foods’s dividend payout ratio (DPR) is presently 22.60%.
In other news, insider Stephen R. Stouffer sold 15,489 shares of Tyson Foods stock in a transaction that occurred on Thursday, March 15th. The shares were sold at an average price of $74.22, for a total value of $1,149,593.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jeffrey K. Schomburger purchased 2,700 shares of Tyson Foods stock in a transaction dated Friday, February 9th. The stock was bought at an average price of $74.83 per share, with a total value of $202,041.00. The disclosure for this purchase can be found here. 2.65% of the stock is currently owned by insiders.
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About Tyson Foods
Tyson Foods, Inc, together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Chicken, Beef, Pork, and Prepared Foods. The company raises and processes chickens into fresh, frozen, and value-added chicken products; processes live fed cattle and live market hogs; and fabricates dressed beef and pork carcasses into primal and sub-primal meat cuts, as well as case ready beef and pork, and fully-cooked meats.
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